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UCY Group Announces Launch of New Recycling Project

Moscow, Russian Federation, February 3, 2023 – UCY Ventures Group (UCY) announced the launch of a new recycling technology project aimed at transforming PET bottle waste into food-grade rPET pellets. The new facility will create more than 100 new jobs once all phases are complete. The first phase of the project involves the renovation of […]

UCY Group Sells Majority Stake In UCY Polymers CZ

Pilsen, Czech Republic, February 18, 2022 UCY Ventures Group announced today that it has completed its sale of a majority stake in UCY Polymers CZ s.r.o. (UCY), a Czech-based PET Recycling plant to Indorama Ventures Public Company Limited (IVL), a global sustainable chemicals producer. UCY Group will retain a minority stake in the Czech entity. […]

UCY Technologies announces planned ThinHoc Spin-Off

Aicha vorm Wald, Germany, September 9, 2021 UCY Technologies to spin-off its ThinHoc ( project as a standalone company The companies will maintain their strong mutually beneficial strategic relationship and are to sign a commercial agreement that will ensure optimal co-engineering of solutions for customers Transaction drives additional growth opportunities for both companies and will […]